Wal-Mart

Wal-Mart Canada Cuts 750 Jobs in Management Restructuring
May 27, 2014

Wal-Mart Canada has confirmed it laid off hundreds of employees across the country earlier this month in a move to rework its management structure. The Arkansas-based retailer said it eliminated 750 jobs โ€” which it says represented less than 1 percent of staff โ€” after testing a new management structure in select stores. As part of the changes, Wal-Mart Canada says 1,300 associates were promoted to more senior roles and about 200 store managers were added.

Wal-Mart to Require Three-Digit Security Codes for In-Store Purchases
May 23, 2014

Depending on how much faith you have in Wal-Mart's various anti-hacking security standards, the store's new credit card policy will either grant it greater protection from thieves who try using fraudulent credit cards, or make legitimate Wal-Mart customers suffer even worse the next time someone hacks into the right (wrong?) Wal-Mart database. If you

Wal-Mart to Hire Hundreds for Big Expansion of Digital Operations
May 22, 2014

Wal-Mart's global e-commerce unit intends to hire hundreds of tech workers in a big expansion of its operations in Sunnyvale, Calif. "We're planning to expand to about 1,000 employees in Sunnyvale," said Bao Nguyen, a spokesman with Wal-Mart global e-commerce, whose operations are headquartered in San Bruno, Calif. At present, the e-commerce unit has about 550 employees in Sunnyvale.

Wal-Mart Says it Won't Oppose Increase in Minimum Wage
May 16, 2014

Wal-Mart Stores Inc. said it wouldn't oppose an increase in the federal minimum wage, its most explicit comment yet on the controversial debate to move past the $7.25-an-hour minimum. "We're not opposed to minimum wage increase, unless it's directed exclusively at us," said Wal-Mart U.S. President Bill Simon, referring to an attempt by the District of Columbia city council to require big retailers to pay starting wages that are higher than Washington's minimum wage.

At Wal-Mart, Obama Praises Steps on Solar Power
May 12, 2014

No. 1 on the list of chores the Internet has done away with: dragging yourself to the store to stock up on unwieldy items and carting them home. Many e-commerce companies - led by Amazon.com and the sites it owns, like Diapers.com and Soap.com โ€” have made it easy t

5 Tweets That Show Searsโ€™ Sick Culture
May 5, 2014

I'm here to say that the reason for Searsโ€™ 78 percent stock price plunge from its peak in April 2007 โ€” and associated tattered financials that are putting it incrementally into the grave โ€” is the outcome of a culture of losing. This attitude emanates from the top brass and permeates the entire organization, resulting in customer needs not being satisfied. In turn, that's led to material market share being gobbled up by the likes of Wal-Mart, Target and, of course, Amazon.com. 

3 Ways Retailers Can Improve In-Store Conversions Through Mobile Merchandising
April 30, 2014

For retailers, the mobile-wielding millennial shopper can be viewed with worry and despair, or as an opportunity to improve in-store engagement and conversions through mobile merchandising. Activating a mobile merchandising strategy to connect with smartphone-equipped shoppers can actually encourage them to interact within your retail environment via their smartphones. Enabling mobile consumers is a lot more productive in driving in-store conversions than ignoring this shift in consumer behavior. Here are three insights for retailers to improve in-store conversions using mobile merchandising:

Wal-Mart Unveils Money Transfer Service Between Stores
April 17, 2014

Wal-Mart has unveiled a new store-to-store money transfer service launching later this month, aimed at helping its customers send cash to loved ones and directly competing with outfits like Western Union. The new service will also compete with Wal-Mart's current in-store money transfer service, operated by MoneyGram, fueling speculation over the future of its contract. "Walmart-2-Walmart" will be operated by Ria Financial Services, a subsidiary of electronic payments company Euronet. It'll allow shoppers to transfer money to and from 4,000 Wal-Mart stores nationwide for up to 50 percent less than competitors, according to research by the retailer.

Same-Day Delivery: From Competitive Advantage to Must-Offer Service
April 10, 2014

Recent initiatives by eBay, Google, Wal-Mart and the U.S, Postal Service, coupled with the growth of Amazon Fresh, which boasts "same or next-day delivery of almost everything you want to buy โ€” from fresh produce, meat and seafood to diapers, DVDs and toys," have made it clear that same-day delivery is here to stay. In fact, it's increasingly become an option consumers not only turn to and pay a premium for, but now expect to see. To stay competitive in this new market, here are the seven key steps retailers must take to begin a functional same-day delivery program:

Wal-Mart Plans 50 More India Wholesale Outlets, E-Commerce Launch
April 9, 2014

Wal-Mart Stores on Tuesday announced plans to open 50 more wholesale outlets in India and start online operations to sell to small shopkeepers, several months after it decided against opening its own retail stores there. The world's largest retailer said it would open the stores over four years to five years. The company already has 20 Indian wholesale outlets. They sell goods to small shopkeepers, who dominate the nation's $500 billion retail market, rather than directly to consumers. Wal-Mart has no retail stores in India.